Sergio’s Restaurant president and CEO Carlos Gazitua explains how robot waiters help to serve more tables while making human employees more tips. Tipping remains a controversial topic as Americans appear to feel differently about the service industry and the level of work that goes behind it. In recent years, more […]
FOX Business News
What is Jeff Bezos’ net worth?
Jeff Bezos and his Blue Origin crew hold post-mission press conference. Jeff Bezos is the second-richest person in the world, and a huge portion of that wealth comes from the company that he founded, Amazon. Amazon has gone from a small seller of books to one of the biggest retailers […]
30-year mortgage refinance rates plunge to 3-week low | May 5, 2022
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Philips warns users that some ventilators could stop working without warning
Check out what’s clicking on FoxBusiness.com. Philips Respironics is warning customers that some of its ventilators may stop working properly, leaving a patient without respiratory assistance. According to a notice posted Monday by the U.S. Food and Drug Administration (FDA), there is a potential issue with the electrical circuit in the […]
Senate acts to launch formal talks on China competition bill
Check out what’s clicking on FoxBusiness.com. The Senate took action on Wednesday to begin formal talks on a bill that will allot $52 billion for semiconductor chip production and supply chain issues and to help boost competition with China. Although the chamber’s votes on the motion – as well as […]
Russian oligarch’s $300M luxury yacht seized in Fiji on behalf of the US
Check out what’s clicking on FoxBusiness.com. A luxury $300 million yacht belonging to a sanctioned Russian oligarch has been seized in Fiji by request of the U.S. in a move that the Justice Department says proves Putin’s allies “cannot hide – not even in the remotest part of the world.” […]
FAA says it’s working with airlines to ease Florida flight disruptions
Check out what’s clicking on FoxBusiness.com. The Federal Aviation Administration said it is working with airlines to ease mounting air-traffic problems in Florida, where bad weather and staffing shortages have snarled flights as demand for air travel in the state surges. The FAA said it would increase air-traffic-control staffing and […]
Home price growth speeds up in February with 19.8% annual gain, data shows
Home prices rose once again in February, increasing their pace from the previous month’s growth, according to the latest Case-Shiller report. (iStock) Home prices rose once again in February, picking up the pace from the previous month’s gains, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index. […]
The Federal Reserve is raising interest rates into a ‘slowing economy,’ says expert
Oxbow Advisors managing partner Ted Oakley discusses the Federal Reserve’s half-point rate hike. During an interview on “Mornings with Maria” Oxbow Advisors managing partner Ted Oakley said the Federal Reserve is raising interest rates into a “slowing economy,” and that it is unlikely they stay this aggressive for the rest […]
Netflix accused of misleading investors prior to subscriber loss
Key Advisors Group co-owner Eddie Ghabour provides insight into how ‘tough economic times’ are impacting the streaming services, Netflix and Paramount+. Netflix investors have filed a class-action lawsuit accusing the streaming behemoth of making false or misleading statements about its business, operations and prospects after it reported a loss of […]